Quote from: imstillthebest on March 14, 2020, 03:26:13 PM

Quote from: Bezobraznike on March 14, 2020, 06:37:42 AM

Quote from: YOSHIE on March 14, 2020, 06:13:55 AM

Quote from: AlexSimion on March 12, 2020, 11:32:36 AM

So Bitcoin just crashed to 6200 $ , around 1000 $ 1 hour , around 15 % in 1 h , what is going on ? Shocked

Actually, you are happy with the current price of Bitcoin, you can buy it and invest at a cheap price like this, the phenomenon of crypto going up and down is one thing that is commonplace and there is no need to panic.

Yes, corona if it is linked to the main factor but it is not one hundred percent true there are other factors that we don't know affect crypto prices on the market today, you need to think about buying and storing crypto assets 1 and 2 years will come and see the results, you will be surprised when you see it.

Yoshie buying now at this low prices is one positive thing we can do in this stressful times. Corona is everywhere, on TV, internet,
and looks like Corona is to blame for everything bad that is happening. Personally I think something deeper is going on here, but time
will tell what really happened.
I agree with you that people who invest now should think about holding assets for years before they sell for profit. We can't predict
when we will see the end of this, but it can last for months, and recovery from this can last for years.

agreed on what the user you quoted said . this isn't totally corona that cause the value to plunge but corona is everywhere as you said so people only use that reason or blame it . what is happening now ? the price just crash , that's it . crashing is not new on this space so we guys shouldn't act like we are shocked . this isn't the end of the crypto phenomenon but this is another new beginning for us to accumulate . I remember on the past many wishes that if they can only turn back the time where cryptos were cheap so now here it is . I wonder where are those people now ?

That's right. There are crypto users that were wishing that they should have bought bitcoin when the price was low, and here we are, I consider this price low. Because I am positive in the next coming months or years, bitcoin will increase its value again. Bitcoin has been tested so many times, and yet, it rises up before you know it. The current virus crisis may be a big factor on this, but I don't think it is the sole reason for this market performance. Who knows, the whales are capitalizing this situation for their own profit? So be smart with your portfolio.